Q1 13F Tracking: Soros Fund Management Cut Tesla Stake
According to the hedge fund's 13F filing on Friday, George Soros's Soros Fund Management placed new bets on the gig economy during the first quarter, recalibrated its holdings in a struggling media industry and dumped electric-vehicle maker $Tesla(TSLA.US$.
Notes: Data included stock positions as of March 31, 2023
The firm added new positions in $American Water Works(AWK.US$, $iShares Russell 2000 ETF(IWM.US$ and $AerCap Holdings(AER.US$ during the quarter. lt boosted about 12% stake in $Horizon Therapeutics(HZNP.US$ shares, nearly tripled its position in $Nike(NKE.US$, and increased its holdings of $Uber Technologies(UBER.US$ by nearly 50%.
The fund also cut its holdings in $Disney(DIS.US$ to 46,000 shares, from 189,609 inthe prior quarter. lt also lowered its position $Amazon(AMZN.US$ to 706,561 shares,from 901,482 over that period.
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ZnWC : Tepper's Appaloosa adds stakes in Tesla
https://www.moomoo.com/community/feed/110374860423174?data_ticket=212ca245a589f1e400fb2e247953bc77&futusource=nnq_personal_host
ZnWC : Jim Simons' RenTech bet on Tesla
https://www.moomoo.com/community/feed/110374654050310?data_ticket=212ca245a589f1e400fb2e247953bc77&futusource=nnq_personal_host
104132545 : Really? It seems to me many fund managers are spreading bad news such as lower their assessments of Tesla stock or other stocks to create fear and panic but they themselves picking up those stocks quietly and quickly at low price.
Or they spread seemingly news of so and so buying certain stocks to create demand and increase temporary price spikes to create opportunity for them to sell quickly and exist.